ZainCash, winner of “Telecom Lead Innovation 2019” and nominated for “WMC Best Mobile Innovation supporting Emergency 2020” , was launched in 2016 and today processes ~USD1BN in transactions per year across multiple consumer and business services including Mastercard companion card, bill payment, P2P transfer, microloans,
merchant payments, digital goods, QR code payments, cash disbursement, and more.
The company’s network includes over 6,000 agents across the country, over 1,000 retail shops accepting payments through QR code, hundreds of e-commerce websites accepting ZainCash payment gateway, and hundreds of companies disbursing payroll through the wallet.
ZainCash is the key partner to the UN and other humanitarian entities and has supported in delivering financial assistance to over 200,000 displaced individuals. ZainCash has been a leader in product innovation in the region, launching the world’s first cash-out mobile wallet program using solely the iris, instant micro-loans service, and QR retail payment, in addition to other.
